Krystal J [00:01:07]:
Today we have the incredible Pauline Kirk. She is a global speaker, an Amazon number one international bestselling author, a mentor, a senior leader for Tony Robbins, and the founder of FemvestorsGlobal. I am so excited to dive into this conversation. There's going to be so much juicy information. I already know it's first and foremost, Pauline, thank you so much for joining us today.
Pauline K [00:01:32]:
Thank you, Krystal, for having me here. I'm so excited.
Krystal J [00:01:35]:
Absolutely. So I like to just start the conversation by handing it off to you. Well, first, tell us where you're joining us from, since I know we've been having a lot of international guests lately. So tell us where you're joining us from and then give us a little bit of background into what has led you to this point today with FemvestorsGlobal. What is that? What are you doing? And how has everything that you've been doing led you to this point?
Pauline K [00:02:02]:
Thank you, Krystal. So I am based in the beautiful city state of Singapore. So here in Asia, you can probably tell by my accent I don't sound very Asian. I'm originally from the UK. I've lived and worked in ten countries and I'm currently residing here in Singapore and I've been here for about 14 months now. So, what led me here? And what led me to FemvestorsGlobal?
So it's like everything rule is on the journey, right? And for me, my journey is a little bit different.
Pauline K [00:02:35]:
I was in the British Navy. I served in Iraq in 2002, 2003. And when I left, I actually had a big addiction to spending money. So it was diagnosed years later as PTSD. And for me, I didn't know what it was. I just knew that every time I spent money, I felt great about myself to the point where it became an addiction.
Pauline K [00:02:59]:
So, long story short, ten credit cards later, and I didn't have a lot of self worth, and I dated the wrong men not once, but twice, because I like to do things, you know, not by halves. And I ended up in a relationships that didn't serve me. And I was also guarantor for a property and a business that both didn't work out either. And now I'm saddled with a huge amount of debt. And it was my darkest time in my life. And I don't know if any of your listeners have been through that environment where you just don't know if there's going to be a way out. And I had two choices to make, and I call it the red pill or the blue pill, right? You had to make a decision. Do we carry on with the life that we have today, or do we make different decisions? And we all had that time in our life where there's, no matter what, you're at the lowest of the low.
Pauline K [00:03:49]:
You got to do something different. And I had my finger on the enter button on my computer to make a decision to either file for bankruptcy or I had to make a different decision. And I knew that if I file for bankruptcy, for me, it was a label for someone who's come from an officer in the military who's been saluted. Mom called certain things. It's very hard, then to go into an environment where you're labeled. And I just. For me, it wasn't what I wanted to do. I didn't want to be a label.
Pauline K [00:04:19]:
So I made a different decision. So I found a way. I found a way out of my debt. So I slept on friends couches, I slept on sofas. I worked three jobs to pay off my debt. And then I got myself educated just by learning in the library before the days of the Internet. And I just basically spent a lot of time in the library when I wasn't working and just got some better skills and put myself out there, raised my hand a lot and asked for things. You know, I put my hand up so many times, said, look, this is what I need. Can you help me?
Pauline K [00:04:51]:
And I was too ashamed to go home to my parents. My parents never knew anything about my life in terms of, you know, how much debt I was in my situation. I was just too ashamed. And I decided to just, you know, just do what I needed to do, to get myself out and just let the corporate world take my life over. And I sold my soul to corporate for such a long time because I just had to pay off the debt. So whatever. This is why I live and worked in ten countries, because they needed someone there. Oh, yeah. My hands raised. I will go there. And that's literally what I did. So my job took me around the world and I got myself out of debt. I've come from someone who lived in a military town, and I worked myself up to become a global director of a mining company here in Singapore. So I've gone from, you know, someone who's in the military. Then I was waitressing.
Pauline K [00:05:43]:
Then I was doing all these other jobs to pay off the debt, earned some money in my spare time. I didn't go out. I had to work. I knew if I wasn't going out to bars and restaurants, I was actually getting fed in restaurants because I was working in them. So I knew that my food bills would be covered because I was working and I got free food. And that's how it all started. And then that led me to where I am today.
Pauline K [00:06:03]:
So, where you come from, real poverty, where you've got literally no money, you don't know how you're going to survive. It then allowed me to create FemvestorsGlobal, and I don't want any other woman to go through my own experience. When it comes to women and our money, when it comes to our money stories, our belief systems around money, we don't realize a lot of the time how much money has an effect on our lives. And it's pressing, Krystal, that we're talking about this time when there's a lot of fear in the world right now, you know, and money talks in a lot of our areas of our life. You know, it's our emotions, it's, you know, what's in the bank account, you know, it's the stress and worry that comes with it. It affects our relationships, you know, businesses, careers, you know, every area of our life money touches. And yet it's one area in 2024 that's still taboo, that no one's really talking about. And this is the sad part where I really want to be, that we can talk about money, we can talk about money in our relationships.
Pauline K [00:07:08]:
And the sad part today is that 48% of couples divorce, and the number one reason for divorce, is generally around money. We're not talking about it. So we need to start having those conversations. And it's really around supporting women on their journeys around money, how it makes us feel, and then how we look after money, because for so many of us, we don't know how to manage money. And it's our money habits, it's the things that we do. I deserve it because I've worked so hard for it. I deserve certain things. And we're living in the moment, and we're living for today, and many of us aren't spending for tomorrow.
Pauline K [00:07:44]:
And the reality is that we may live till 95 right now, and yet we're not thinking that far ahead, because we're living in the now. And if we don't have anything to aim for, we don't have a goal, we don't have something to think about. We don't know why we're putting our money away because it's not something that we think about. So then I've been on this roller coaster for the last few years. I actually decided to walk away from my corporate life after 25 years in 2021. And a gentleman by the name of Tony Robbins, for those that don't know him, he's a big number one life coach in the world, big hands, American guy. And he was the guy who changed my life.
Pauline K [00:08:26]:
And I felt I was on a Zoom world and with 23,000 other people on Zoom, and I felt that he was talking to me in the screen, and he turned around and said, Pauline, burn the boats. If you're not happy in your life, burn the boats. Now, I've got to the point in my life where I'm in a position I don't have to worry about my money anymore. So I've gone from someone who's had no money, literally no money, to the point where, you know, I said, sleeping on friends couches and worked in restaurants to get food in my mouth every day, to go to where the life I have today, that is taking grit, hard work, and determination. I always say, whoever's listening, #AManIsNotAPlan because so many of us think that that is the way out for a lot of us as women, and it's not, you know, the statistics I mentioned around divorce, you know, we have to look after ourselves. And I'm very much a believer that we need to make, create our own economy, because no one is coming to save us.
Pauline K [00:09:27]:
If we look at governments today, they're certainly not looking after us when it comes to us and our money and our future. So the more money that we put away for ourselves for tomorrow, the more beautiful life that we're going to have and less stress.
Krystal J [00:09:41]:
Oh my gosh. There is so much that I want to dive into what you just said. And I think the role that you're playing with this brand that you've built and, and what you're doing for other women is so crucial and like you said, so critical. Especially now with all of the statistics of divorce and all of that, and women being a little bit more independent, we do need to place ourselves in positions that are a little bit more favorable to us, where we are comfortable reaching out and getting the education that we need so we can set ourselves up for success. But diving back into your personal story, taking it all the way back to when you were kind of dealing with that, you know, you said you were an emotional spender. What was your money mindset at that time like? Did you feel like you had a decent understanding of the way that you spent money or how you were dealing with your finances or you didn't think about it at all?
Pauline K [00:10:42]:
I laugh about it now, but at the time it was like, it's the bank's money. It's not even my money. It's the bank's money because I live on credit cards. So for me it's just tap. It's not, I'm not even thinking about it because I don't even own the money. It's just, ah, it belongs to whichever bank I'm with. Tap, feel great and the money belongs to them. And that's how I used to deal with it.
Pauline K [00:11:01]:
For those that know my story and follow me online, I'm quite open about it now. And it's taken me a few years to talk about it. I actually used to keep my credit card in the freezer. So then I used to literally take it out the freezer and scratch the snow off it and then literally go, right, I can read the number now. That was literally my way of like, thinking about it, you know, and then moved in more into mindful spending later on. But at the time, for me, it was just at the time, just put money in the credit card, feel great. You mean after-pay services weren't really there now? Because I know it's no more prevalent today and it's even more worrying today when you look at the statistics is that people use their mobile phones to pay for everything. Now our brains aren't even realizing that we're spending money. I mean, I knew I was spending money because I felt great, and I just didn't realize that.
Pauline K [00:11:46]:
The reality is that I kept thinking, well, it's the bank's money. It's the bank's money. It's the bank's money. And that was my mentality at the time. And, like, everything, it's not your money, so you have to pay it off. And I was like, yeah, I'll pay off a little bit every month. And, you know, I. Oh, yeah, 0% interest free. Yep. I'll just move that onto there. And I've got another credit card to spend. And then that was literally how it, how it's going for such a period of time. And the things I spent my money on was to make myself feel good. It was clothes. It was like, you know, makeup, hair, whatever it was, it was all about making myself feel good. And then I used to buy gifts for other people as well. So I was just, like, always spending money to make myself feel good and help other people as well. And, you know, that was just, here, I've bought something for you.
Krystal J [00:12:26]:
Not even realizing that immediate gratification, right? Why do you think, there's that disconnect with women and finances compared to with our male counterparts? And they are so comfortable constantly talking about money and dealing with all of the financial things usually in a household, right? Why do you think that is?
Pauline K [00:12:48]:
I call it the Disney Effect we have grown up with. If you look at the toys that we played with as children, as women, if you look at, you know, I'm in my forties, so if you look at the toys, there were, like, kitchens, there were dolls, there were, you know, clothing, those are the types of toys that we played with. If I look at the books that I read, if I looked at the movies that I watched, everything was related to being a woman, being a caregiver in a home, and we were going to be rescued by a man. And I call it the Disney Effect. And unfortunately, from a societal point of view, and it doesn't matter where you live in the world, I speak to so many women. You know, I've lived in Asia, I've lived in western countries. I've lived in so many parts of the world and it's been the same response that we think someone is going to come and rescue us. Like, from a subconscious point of view, we don't think about it, but because it's ingrained with us for so long, for so many decades in some cases, and therefore, then we just assume certain things because that's what, you know, our subconscious is believing because that's what we've grown up with over time.
Krystal J [00:14:39]:
Yeah, it's that, like you just said, subconscious, kind of like ingraining, right? And we lean into this nurturing mindset, right? Of having to take care of other people, and it's like we're turning a blind eye to everything else that we kind of just assume like, oh, it's going to be okay. Someone else will take care of it. As a woman, this is what I'm here for, to take care of my house, take care of my family. Everything else will just be magically taken care of. I just don't have to address it, right? So with your story, it seems like there was quite a bit of a time lapse for you, actually just working to pay off that debt to actually taking that next step to say, okay, let me start getting educated. Is that right?
Pauline K [00:15:31]:
Yeah. So I'll share a little bit more. So after I managed to pay off the debt, and I'm talking this is quite, quite a while to pay off the debt. I then didn't know what to do with money because I'm not used to having any, right? So then I spoke to my girlfriends and I was like, I'm excited. I've got money in the bank for the first time that I don't owe anyone anything for a change. And the conversations with my girlfriends I was like, so what do you do with your money? And they were like, I don't know. We just leave it in the bank and spend it. And I was like, that's not an option for me. I can't do that because I'm not very good with money. My credit card's still in the freezer, by the way, so, you know, at the time. So I just didn't know. And, you know, the more women I spoke to, it was the same response . So then you always meet someone who says, hey, I know someone. He can help you out. He's a financial advisor, and, you know, if you want to have a chat with him and you can start putting your money away, because now I'm starting to earn a bit more decent money in my corporate life. So I was like, okay, well, I don't know what else to do.
Pauline K [00:16:31]:
So, yeah, so I still remember it. You know, you go in, the person might as well be speaking like, a foreign language at you, because when people start talking in the finance industry, most of us have no idea what's going on. And I'm going back, you know, 15 years ago now, and I had no idea. So I was just like, yeah, you sound like you know what you're on about. And you've got a nice suit and a flashy car, so you must be good with money. So I just ended up handing my money over. Long story short, I didn't have any money and I had to start over again. And I believed the finance industry was like the people who are going to help me, you know, you speak to, my parents, like, go and speak to the bank manager.
Pauline K [00:17:10]:
You know, it's that sort of, where do you go for financial information? And I trusted this person and it didn't work out. And I was like, well, I'm clearly not a very good judge of character. So then I spent the last 15 years educating myself on my own finances, and now I stand up and talk quite openly around that we are our best investment in terms of getting educated, in terms of knowing what's out there, in terms of understanding the finance industry when it comes to fees. I call it The Cancer Of Our Future. We don't see them. They're not there, but no one tells you. And then at the end, no one says, hey, this is how much money you could have got if you didn't listen to me. You don't see that.
Pauline K [00:17:50]:
You just see the end result. So I'm very open now about talking about fee structures. And just to give your audience an idea, if you're paying a financial advisor in the region a 1% fee, you're roughly giving away about 40% of your retirement money on a 1% fee structure. Now, let that sink in.
Krystal J [00:18:09]:
Yeah.
Pauline K [00:18:10]:
And this is why the industry doesn't give us the numbers in real dollar terms or currency terms. This is why you get given a percentage, because our brains go, oh, it's a very small percent. And therefore, then our brains go, oh, let's not think about it, because it's 1%, 2% or 1/2%, whatever that is. This is the difference. And for your audience listening, even 1/2% on a bank account, to give you an idea, 12% on a bank account will roughly take you about 144 years to double your money. And most women are savers. 71% of women are savers as a statistic.
Pauline K [00:18:51]:
And on that basis, then this is why we retired. No money, because most of us just leave it in the bank and do nothing. Because like me, you didn't know what else to do with it, right? If we put that into a high interest account today, a high interest yield account, depending where you live in the world, the terminology, and you put that in 5%, you're doubling your money in less than 15 years. I'm more likely to be around in 15 years than I am in 144. I know medical science is going the right way, but I don't want to be living that long and having access to my money. So this is the difference that these percentage numbers have. But we don't see them because we think they're small numbers, but they make such a big difference to our future. And banks are businesses.
Pauline K [00:19:32]:
We have to request a high interest account. They don't just automatically give us one. And what they're doing is they're taking our money, making themselves rich in the process, and then quite openly using that and giving that to other people, which they give to mortgages and applications and other things and make even more money out of us. So, you know, it's transfer of wealth. So it's just being mindful around the fact that, you know, these little percentages all add up over time, which is why so many of us don't have a lot of money in retirement. And the US statistic is that one in five women will retire with nothing like zero money because we're living for today. Money sat in low interest accounts and then we're in a poverty line. And being through my own journey, this is why now I stand on stages, talking about women in our future and the trajectory and what we can do to change it.
So these little things that we're talking about today makes such a big difference to our future.
Krystal J [00:20:23]:
It really is so mind blowing because it is such a small difference just changing where your money is sitting, knowing what is available, what is that option? Where can I move my money from this 1% to this 5%? That small change can make all the difference with what your future is looking like. You know, it was interesting when you were talking and you were telling me about how you went to this financial advisor. It was almost like there was kind of that cycle that was happening again. They just happened to be male, first of all, and then still you didn't quite know what it was that you were doing that you were going to him for. You kind of just relied on him to save the day, right? Save your finances, but you didn't understand what he was doing. You were kind of just like, okay, I trust him. I trust him to take care of it.
Krystal J [00:21:14]:
It's almost as if he was taking on that husband role or that father role in the household, but instead for your finances. But you still didn't even really understand what it was that you were doing, where your money was going, how it was growing, how it was being spent on those fees or whatever the case may be. So then you switched over to getting to that place of self education, which I think is so powerful, right? Taking that power back into your own hands. That's actually something I've been listening to in this workshop lately.
Krystal J [00:21:50]:
It's not necessarily about finances, but really about delegating tasks to other people and doing your part and being diligent about understanding what it is that you're delegating before you even get to that point of delegation, right? So that you can have that control over it. Even if you're then passing on the control to someone else, you still understand what's going on. So where can someone even begin to start self educating themselves? Because, like you said, the vocabulary, the jargon of it, it's like, okay, all going over my head. I have no idea what you're talking about. Whatever. Just make me money. Just get me money. But we need to understand it. So what are your tips for how we can start that process of getting comfortable enough to want to learn more and to be able to take that next step to continue our education?
Pauline K [00:22:46]:
Thanks, Krystal. I mean, this is why I created my community. So, especially for women, you know. I am a woman who explains things, right? It's the best way to put it. You know, there's no Mansplaining in my community. I Womansplain. I am a woman who explains things. You know, I say to the woman, it's like going to Macy's. It's like going to a department store, wherever you are in the world, and you want to know what's in the department store. So you want a suite of things to pick from.
Pauline K [00:23:09]:
Now, when you go to an institution there, you're going there to buy Dior, right? You can only buy Dior and Dior. You can only buy Gucci and Gucci. And you can buy Versace and Versace. So it's around having the information to go, what's in the department store to then go, do I go to Gucci, Prada or Versace? And that's really a great starting point, is to go, what's out there for me to buy? Now, some people go, right for me, I want to be in the stock market. And I'm like, okay, well, we can talk you through that. I'm also in the stock market myself. I own various stocks and various other things in the stock market, but I also have things outside of the stock market. And not everyone wants to be in the stock market.
Pauline K [00:23:46]:
Some people, find it like, oh, you know, I can't see it. I can't control it. And a lot of it comes down to our emotions. I talk about investing psychology and money psychology, as you know my story now. So it's also around where you're getting your information from, around what you buy. Are you listening to your, it's like going to your girlfriend who's single for relationship advice, right? It's the same thing. Where are you going to for your financial advice? And many of us just assume to your point, it's a male dominated industry, that that person's going to be looking after your best interests. Now, the key here is, I use the phrase fiduciary.
Pauline K [00:24:24]:
And in America, there is you have to ask if you're 100% fiduciary, because they can be both. It's a conflict of interest. You can be a fiduciary as well as a broker. So if you're in other parts of the world, some fiduciary standards don't even exist, which basically means that as long as I tell you a product, then I've done my job and I'm making commissions and bonuses out of it. And, you know, the fee structure in percentage terms, and it's 1% fee or 1/2% fee. Therefore, then you just hand over your money. So it's around whether it's my community, whether it's a look at where you're getting your information from. You know, there's so many people I see on TikTok today who've probably done some course of five minutes and suddenly they think they're experts in finance.
Pauline K [00:25:06]:
Right? I've been studying the markets for 15 years, you know, I financially freed myself, because I practice what I preach. I have no interest in what other people are doing, but I focus on what I'm doing. And for a lot of people, they think I need to be good with maps or I need to be good with numbers. You actually don't. I mean, in my community, we look at millionaires and billionaires. They've already been there. Why do I need to go and study companies when I can just look at where the millionaires and billionaires are putting their money, know who they are and go, what did they buy that for? And go, why did they buy it? Let me do research. Let me understand the one reason why they bought it, and I'll make a decision to get into that, into that company, in the stock market or otherwise.
Pauline K [00:25:44]:
So there's lots of things that we can do, especially in the world of the Internet today, but there's so much confusing information as well. So it's around where you're spending your time. I always say emulate where you want to be. So if you're going to follow someone, find out if they're actually in a position or they, you know, for example, work for a bank, you know, they don't earn a lot of money, but they're giving you financial advice. I have financial advisors in my own community. I have oil traders in my own community. And they go, Pauline, I learn more from you because my financial institution is a great marketing tool. They teach me information to sell their products and I get paid rewards for commissions and bonuses.
Pauline K [00:26:23]:
And they're not bad people. It's just that's what they're paid to do, right? They're paid to transfer your wealth to a company and they get a nice big fat paycheck in the process and a commission and bonus of the privilege. So ask yourself, where are you going for your financial information? We're a social enterprise for everyone who's in our community, any of our paid programs. I actually donate 80% of our profits to charity. And my mission is bigger than me. My life is to change 100 million women's lives. It's a big number. And this is what Tony taught me that, "the secret of living is giving."
Pauline K [00:26:54]:
So anyone who comes into our community, it's a paid program. We actually donate that money in full transparency, not like the finance industry. And we actually donate that to other causes when it comes to getting education in different parts of the world, for kids, for example, because I believe education is key to the world and also supporting women and economic empowerment programs around the world. So that is what my community does specifically. But outside of my community, please go and read some amazing books. There's so many great books. Look at where the big players are. Warren Buffett, one of the biggest guys out there. You can probably see behind me if you're watching on screen. I've got books on Warren Buffet. I study him. Berkshire Hathaway's fund. Look at where Berkshire Hathaway is putting their money is a good starting point to go, right? There's a good idea. And the other part is there's lots of different indexes you can buy.
Pauline K [00:27:44]:
It's a risk going into one individual stock. But I can go out and buy an index fund, for example, in stock market, which means I'm buying a group of companies. And those, the S & P 500 is one that you may hear a lot. And basically it's a top 500 company in the US. And those 500 companies might cost you maybe $200. And you can buy what they call a fractional share these days. So you don't have to pay $200. You can start with like $10.
Pauline K [00:28:12]:
It's not a lot of money to start investing. People think they need a lot of money to invest. A number of people say, how much money do you need to invest? Write down a number. People think it's a lot of money. It's not. It's just the finance industry leads us to believe we need a lot of money to invest because they will only look after accounts when they are worth a certain amount of money. But the reality is that you can start off today with $10.
Krystal J [00:28:34]:
You know what's crazy is I'm one of those people where finance stuff, a lot of it tends to go over my head. I am currently in that position of, I really want to educate myself. But I love how you said, you Femmesplain it, you Womansplain it for all of your audience. And I love that so much. And I feel like, yes, I'm following along and I love that you mentioned it. Not only to be mindful of where you're getting your information, but recognizing that there's no one way to do it right. Looking into what is it that this person has been doing it, why did they make that choice to do it, and does that work for me? Is that the right choice for me? I think that's such a key component of it. So I'm glad that you brought that up.
Krystal J [00:29:18]:
You also mentioned that 80% goes to charities, which I absolutely love. I am definitely a very mission driven company. And that is, you know, part of our goal with EM/POWEREDbyWMN is to really give back to our communities, to the people that we're working with. How much do you think that has played a role in your growth? And how critical is that element of giving back to your brand?
Pauline K [00:29:49]:
It's why my brand exists. I wanted to do something different. The finance industry is all about take and no transparency and no trust factor. And I said I wanted to create an environment that was different outside of Mansplaining, right? So for me, it was around. I didn't want anyone else to go through my own situation when it comes to my money stories, money beliefs, you know, not being in a position where they understand things, because I knew I was.
Pauline K [00:30:16]:
That was myself. So I wanted to create a community of women, and I have men in my community, too, but a lot of my community is women, where they have a place to come. And there's no dumb question. I paid the dumb tax for years, as I call it, right? So I didn't want anyone else to pay the dumb tax. You know, I didn't ask the questions because I didn't know what question to ask. You know, now I can sit down. How do I even have a conversation with my spouse? You know, let's have those types of conversations because I don't know how to start. I've been married to my spouse maybe 20 years, and I don't even know how to start a conversation.
Pauline K [00:30:44]:
I've got women in my community who don't even know what their partners earn because they don't talk about money. So, you know, this is all part of what I do is around educating women themselves in a fun way. We make it fun. Say, I don't talk about numbers, apart from, do you know your numbers in terms of what goes in and out of your account every month? That's the only numbers that you need to know, and you don't need a calculator for that. We can do online calculators these days, and your bank can run statements for you. So you don't even need to know numbers today. And a lot of people think that, and please scratch that up. But the reality is that this is why.
Pauline K [00:31:18]:
This is the goal, but it's also being clear on your own goal, right? Why are we putting our money away every single month? Like, what do we want our money for? Why did I get out of bed each day? So this, for me, is my mission. People say to me all the time, Pauline, you're like, misses Tony Robbins, like, you've got so much energy. You live a level ten life. I'm like, because I wake up every single day going, I'm breathing. I have gratitude in my life. 70% of the world's population lives on $10 a day. 70%.
Pauline K [00:31:46]:
We are rich by global standards, but many of us are too busy focusing on other people. Where I say, focus on yourself, and were you better than where you were last year? And that's really their message. And then in terms of our community, making a difference is what keeps me going, you know. When you're in a business, and I'm recently migrating over, I left my corporate life in 2021. It's what keeps me motivated. When, you know, when business is tough, I'm like, but I'm doing it because I'm generally changing lives, enabling a child to go to school. Today, my husband and I bought some land.
Pauline K [00:32:20]:
We're building a school in India. So our plan is to then not only teach children how to read and write, but also bought the land next door that grows wheat. So they're going to learn real practical skills that they can take back to their own communities and be self sustaining. So many people in the world today do not want handouts. The western world has very much entitlement. I'm not going to lie. And I see it time and time again. And the more time I spent in Asia, they don't want entitlement.
Pauline K [00:32:46]:
They find it embarrassing to ask for handouts. They want to create their own economies. And I see it in South America. I see it in parts of Africa as well. People want to create their own economies, and therefore, on that basis, then how do we give them the tools? So everything that we do in our community then supports people to then have their own sustaining economy going forward. This is not just, here's some money for a charity. We don't really know where the money goes a lot of the time. I actually don't take any money out of my charity. In terms of FemvestorsGlobal, I don't need to. I'm a stock market trader in my spare time and then I have another business. So for me, this is very much my mission is let's get educated in the right areas of what we need to know and then support others on their own journey and lift the boats together.
Krystal J [00:33:31]:
That's so incredibly powerful. And I am in awe of what you're doing and the ripple effect of what you've started and what you've created and how it's so much more than even just this. The subject of finances like that in of itself, is creating so much impact that you're creating this platform for women to get educated. But the fact that you've been able to manipulate it into a way that it is causing this compounding impact in so many other areas. For them to continue to create their own economy and in other ways other than just focusing on their financial education is so incredibly powerful. And I am in awe of you, Pauline. I feel like I could continue to dive into your story and ask you more and more questions, but where can everyone find you if they are interested in learning more about what you do and connecting with you?
Pauline K [00:34:31]:
So our social. So I say our company is FemvestorsGlobal which basically means female investor. And so that's our organization. I'm based in Singapore, but I've lived and worked in ten countries, so I can talk 401ks in America, which is an Isar in the UK, which is a super fund in Australia, which is a CPF contribution in Singapore. So I can talk the language, you know? And if we don't know about it, then we'll find a way to support you on your own journey. We have a research team that also goes into some things as well and supports our communities.
Pauline K [00:35:01]:
We're across all our socials Facebook, Instagram, LinkedIn, X and Youtube. We've recently moved into TikTok and we're starting to pump out information every day. So even if you just follow us online at no cost, just start looking at what we're doing and then start thinking about, you know, yes, money. I need to think about it because a lot of us aren't. Even for a lot of women, it's way down the list of priorities, right? Where family, kids, husbands, like, businesses, whatever it may be, and then money's way down the pecking order. And then something happens. Money comes to the top and we panic because we're not in a position to be aware of what we need to do. So basically, if you're looking for a life jacket, this is our community. I want everyone to have her own life jacket no matter what happens.
Krystal J [00:35:37]:
I love that. And it's definitely, you know, like I said, it's my plan to really get in tune with all of the things financial this year. So I am going to be looking into it for sure. And I love what you said. I think it's the perfect mindset to kind of leave everyone off with. If finances is one of those things that, like, makes you feel so uncomfortable, it's okay if you don't know. Like Pauline said, even if they don't know, they look into it, right? They do their research, they find out about it, that it's not the end of the world if you don't know. There's always a place to start. There's always resources to help you. Pauline is clearly a wealth of resources and knowledge, so I am so glad that we were able to have you on today. Thank you so much, Pauline, for sharing your insight, your story and your platform.
Pauline K [00:36:30]:
Thank you Krystal. And thank you for allowing me to share. You know, the more people know what we do, the more lives we can change.
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